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Home My WebLink About1059 DIRECT HOME IMPROVEMENT MORTGAGE 43'719 7~ WITH FUTURE ADVANCE 16th March 79 THIS h10RTGAGE, oracle this day ol - A D., 19 bc'tsvrrn Sarah E. Roberts y _ _ _ IMor tyagoi l arxf Sun Bank of St: Luce oun - - - IA1oi tyageel: ;Name of Sun g:uikl WITNESSETH, that Moitgayoi, for and .n consrdrratron of the premises and ut order to s+•cwe the payment of the principal and interest on the note las hereinafter definecfl, hlonyayor hrrebv grants, assrgns transfers and mortgages to Mortgagee, its successors aitcl St. Lucie assrgns forever, the lotlowrnq described real property rn County, FlorKfa, to wit: Lot 9 and S 1/2 of Lot 10, Block 1, Fairlawn S/D .a subdivision according to the Plat thereof in Plat Book 6, Page 5 of the public records of St. Lucie County, Florida. This is a second mortgage. i ~ i ?i. ~ 5 . ' - - • RECEIVED : . ~ 5' IN PAYIItEI1T OF TARE: . 3' ~ - DUE ON CLASS 'C' IY?'.':r, Rl: PiRS6NAL PROPERTl, ~~7181O1 PYRSUMT To . NdPT~.; 11-_ s, AiTS Of 19IL ~~77 d~ucR P.,ITfrAR ' ~ j i . r r CLERK CIBCUR COJRTr ST. LUt:IE 0~ fLA. (hereinafter referred to as the Mortgaged-Property); aril the Mortgagor does hereby fully warrant the title to the Mortgaged Property arxf viol defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that ii Sarah E. Roberts ,the Maker(s) of that (Insert Namelsll • ~ certain promissory note dated the date hereof (the Notel, her hens, legal representat+ves or assrgns shalt pay to Mortgagee 025.20 - ~ the pnncrpaf sum of $ 2 . as evidenced by the Note, with interest and upon the terms as provided therein, the final - maturity date of the Note aril of this Mortgage being _~Y'il 1 ~ , 19 ,which Note provides that all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's tee, upon default in the payment of the Note, arxf that rf default be made in the payment of any installment [hereunder and that if wch default is not made good in accordance with the terms of the Note, that the entire principal vim and accrued, earned +nterest shall become due and payable without notice ai the option of the holder thereof; and shall perform and comply with each and every stipulatron, agreement and cov- enant of the Note and of this Mortgage, then th+s Mortgage and the estate hereby created shat! be void, otherwise the same shall remain m full force. Maker covenants to pay the +nterest and pnnapal promptly when due. Mortgagor covenants to_pay the taxes aM assess- ! menu on said property: to carry insurance against fire on the building on card land for not less than S NA ,approved by the Mortgagee, with stanlard mortgage toss clause payable to Mortgagee, the policy to be hekl by the Mortgagee and to keep the ~ bur{ding on card land in proper repair. This Mortgage shall secure not only ezrsting indebtedness, but also wch future advances, whether such advances are obl+gatory or to be made at the option of Mortgagee, or otherw+se, as are made within twenty 1201 years from the date hereof, to the same eztem as rt wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any 'r i - ~ a Ume the maximum principal amount of $ ~ plus +nterest, and any disbursements made for the payment ' - yV,t of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements. Any such tuture advances, whether G oblgatory or to be made at the opUOn of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or i =-r any other notes secured by this Mortgage. This Mortgage is gwen for the specrf+c purpose of securing any and all indebtedness by the Maker to Mortgagee (cwt in no event shall the secured indebtedness exceed at any time the maximum prinupal amount set forth in th+s paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage rs sausfied of record- Au cove- sa Hants and agreements contained in this Mortgage shall be applicable to all turther advances made by Mortgagee to Maker under this I J „ future advance clause. f Shoutd any of the above covenants be broken then the Note and all moneys secured hereby shall, without demarxl, rf the 'I. ~ - ~ - Mortgagee, so elect; at once become due and payable and this mortgage may be fpreclosed, and till costs and expenses of collection and reasonable attorneys' tees, including costs, expenses and reasonable attorneys' fees on appeal, rf collected by legal proceedings or ~ through an attorney at law, shall be parr) by the Maker, and the same are hereby secured. - - =1 IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date first shove set forth. 3 - Signed, sealed and delivered ~ in Gur p Qr1Ce' ? - - ~G.-7` - - / (SEAL) I I iMortgagorl ~ t - ISEAU Ih1ortgagorl STATE OF Florida I St. Lucie 1 COUNTY OF I HEREBY CERTIFY, that on this day, before pre an officer ¢eY~sfq~ized in the State aforesad 'and m the County aforesaid Sarah E. lWji tG take acknowledgments, personally appeared to me known to be the pe+son described •s - she ~ rn and who executed the foregoing instrument and She ~ acknowledged before me that executed the same. ~ WITNf~,$ my hand and offruat seat en the County and State l~~ s ceSa t~~S day of March . A D., 19 `ll ~ -C•:i.: t NotaryPub c . MY Commiuidn-Elcp~res • ' " ' f)Op•7 Rev. f3m f ~~~7 , E. ur..e fens i